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PRC Certificate
Perrin411
Posts: 1 Newbie
I bought a home 3 years ago with Halifax, with what I believed was a PRC certificate.
I was in the process of selling my home, but all the mortgage providers have declined my home due to it not be a PRC certificate but building regulations instead (including Halifax).
My buyer has now withdrawn and I am getting a retrospective certificate on Monday, which costs £960. I am still worried it will be unmortageable. Several lenders say they will lend but my home needs to meet the standards set out by PRC homes limited -this scheme stopped approx. 20yrs ago. How will I know if it meets the standard?
I have filed a complaint with Halifax and they are currently investigating why I was allowed a mortgage originally. Has anyone been in a similar situation and if so, how has it been resolved?
Thank you
I was in the process of selling my home, but all the mortgage providers have declined my home due to it not be a PRC certificate but building regulations instead (including Halifax).
My buyer has now withdrawn and I am getting a retrospective certificate on Monday, which costs £960. I am still worried it will be unmortageable. Several lenders say they will lend but my home needs to meet the standards set out by PRC homes limited -this scheme stopped approx. 20yrs ago. How will I know if it meets the standard?
I have filed a complaint with Halifax and they are currently investigating why I was allowed a mortgage originally. Has anyone been in a similar situation and if so, how has it been resolved?
Thank you
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